Luxembourg Economy; Successive transitions; Knowledge Economy; Luxembourg's Financial Centre; Welfare State; Competitivity; Social Economy; Economic and Monetary Union; Euro; Consensus; Globalisation; Financiarisation; Crisis and risks
Abstract :
[en] Beginning in the 20th century, Luxembourg experienced several periods of transition. The largely agriculture-based economy became industrialized, driven by a powerful steel industry which remained the dominant sector from the immediate post-Second World War years to the mid-1970s. In 1974 the steel industry began to decline, marking the end of the ‘Trente Glorieuses’. Luxembourg was forced to implement considerable structural changes and embarked on its second major transition, from an industrial economy to a service economy based on the financial sector. The third is the transition to the knowledge economy, which is currently in full swing in Luxembourg
Research center :
Luxembourg Centre for Contemporary and Digital History (C2DH) > Contemporary European History (EHI)
Disciplines :
Arts & humanities: Multidisciplinary, general & others Political science, public administration & international relations History Macroeconomics & monetary economics International economics General economics & history of economic thought
Author, co-author :
DANESCU, Elena ; University of Luxembourg > Luxembourg Centre for Contemporary and Digital History (C2DH) > Contemporary European History
External co-authors :
yes
Language :
English
Title :
From the 19th to the 21st Century: Paradigmatic Shifts in the Luxembourgs Economy
Publication date :
2026
Publisher :
Routledge , Taylor&Francis Group, Abington, United Kingdom
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